Month: March 2022

Why bandwidth needs a layer-1 blockchain, explained

Users will be able to tokenize their bandwidth and sell it in a decentralized trading marketplace to help provide low-cost access to the internet. PKT is the only layer-1 blockchain that is designed to support bandwidth trading marketplaces and high-speed internet service. PKT uses the world’s first bandwidth-hard proof-of-work (PoW) mining solution to create an economic incentive while building a high-speed data network. Forked from Bitcoin (BTC), PKT replaces the SHA-256 PoW standard with the collaborative PacketCrypt mining protocol.  Within the PKT Network, users with unused bandwidth earn PKT Cash…

Cointelegraph launches Innovation Circle — A private membership service for industry leaders

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Your friendly neighborhood digital media publication covering news on crypto and blockchain has launched a private membership service aimed at business leaders and industry experts who share a commitment to shaping the future of the space. Starting March 1,  Cointelegraph Innovation Circle will be available to a select group of company founders and senior executives, as well as experts in crypto, financial technology, blockchain and alternative assets who are chosen for their proven accomplishments and business acumen. Members will have access to a custom-built portal designed to foster connections, publication…

Ukraine Now Takes Polkadot, Says It Will Accept Other Coins Soon – Bitcoin News

Having already raised millions of dollars in major cryptocurrencies like bitcoin, Ukraine is now receiving donations in polkadot as well. The country intends to expand the list of accepted coins as it increasingly relies on help from the crypto community to fund its defense against Russia. Ukraine Posts DOT Address, Receives First Polkadot Donations In the face of an ongoing military assault by the Russian army, Ukrainians have offered crypto users around the world another option to support their cause. Early on Tuesday, the Ukraine Twitter account published a DOT…

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Cardano-Powered Flickto Looks to Be the Solution to Today’s Unfair Media Landscape and Aims to Become the Pioneer of DeMe – Press release Bitcoin News

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press release PRESS RELEASE. Media firms should often be open source and controlled by stakeholders like consumers, artists, and their intermediaries. Decentralized Media’s (DeMe) goal is to build open-source platforms that allow individuals to gain ownership over their data and the media projects that are sponsored and eventually consumed. To that end, Flickto is a solution to the problems produced by today’s media landscape which regularly involve squandered funds, failure to create films and other kinds of Media for the public, and enable big money to dictate the media we…

Crypto Firm Knox Joins Forces With Canadian Qualified Custodian Tetra Trust

“Knox got some comprehensive insurance policies that hadn’t been seen elsewhere, but the qualified custody bit eluded us, and it’s a fairly gargantuan task to get that,” Daskalov said. “So, from our perspective, it was ‘let’s focus on technology’ rather than acquiring a regulated designation, and so we are now joining forces and setting up an insured qualified custodian.” Source

Crypto adds efficiency to global trade and financing, says Bequant exec

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Global trade and financing suffer from inefficiencies because of traditional infrastructures. However, according to Martha Reyes, the head of research at Bequant, crypto can fix this issue. In an interview with Cointelegraph, Reyes shared her thoughts on the state of global trade and financing and how crypto makes this more efficient. According to Reyes, despite the growth and magnitude of global trade, areas like remittance payments still suffer from the number of intermediaries that transactions have to go through. This leads to lengthy transaction times. Reyes notes that legacy systems…

Bitcoin Nears $45K on Increased Demand From Ukraine and Russia

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“In percentage terms, bitcoin recorded the largest daily candle in more than a year, gaining more than 18% day-over-day at the highest point of the rally,” Mikkel Morch, executive director at crypto hedge fund ARK36, said in an email. “While it seems that the second leg of the move was at least partially fueled by a small short squeeze, overall, the rally was driven by a huge spike in demand.” Original